MAGELLAN MIDSTREAM INVESTOR ALERT by the Former Attorney General of Louisiana

Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Magellan Midstream Partners, L.P. - MMP

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Magellan Midstream Partners, L.P. (NYSE: MMP) to ONEOK, Inc. (NYSE: OKE). Under the terms of the proposed transaction, shareholders of Magellan will receive $25.00 in cash and 0.6670 shares of ONEOK for each share of Magellan that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([e-mail]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-mmp/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230725370801/en/

The Magellan Midstream Partners Stock at the time of publication of the news with a fall of -0,05 % to 65,48EUR on NYSE stock exchange (25. Juli 2023, 16:34 Uhr).